Shree Ajit Pulp and Paper Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 757.49 million compared to INR 1,228.43 million a year ago. Revenue was INR 757.12 million compared to INR 1,229.76 million a year ago.

Net income was INR 4.16 million compared to INR 16.2 million a year ago. Basic earnings per share from continuing operations was INR 0.78 compared to INR 3.02 a year ago.